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2.43 (1y: -8%)
Market Cap 228.1 M P/E(ttm)
Enterprise Value 360.7 M P/B 4.80
AXAS- NAS (USA)
Abraxas Petroleum Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$2.43
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry		 vs
history
Cash to Debt 0.017
AXAS's Cash to Debt is ranked lower than
75% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.38 vs. AXAS: 0.017 )
AXAS' s 10-Year Cash to Debt Range
Min: 0   Max: 0.41
Current: 0.02
0
0.41
Equity to Asset 0.194
AXAS's Equity to Asset is ranked lower than
79% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.50 vs. AXAS: 0.194 )
AXAS' s 10-Year Equity to Asset Range
Min: -0.78   Max: 0.38
Current: 0.19
-0.78
0.38
F-Score: 4
Z-Score: -0.77
M-Score: -1.44
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) -23.80
AXAS's Operating margin (%) is ranked lower than
64% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -23.80 )
AXAS' s 10-Year Operating margin (%) Range
Min: -151.3   Max: 45.5
Current: -23.8
-151.3
45.5
Net-margin (%) -27.4
AXAS's Net-margin (%) is ranked lower than
67% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -27.4 )
AXAS' s 10-Year Net-margin (%) Range
Min: -531.3   Max: 145.3
Current: -27.4
-531.3
145.3
ROE (%) -40.2
AXAS's ROE (%) is ranked lower than
91% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -40.2 )
AXAS' s 10-Year ROE (%) Range
Min: -1125   Max: 101.5
Current: -40.2
-1125
101.5
ROA (%) -7.8
AXAS's ROA (%) is ranked lower than
78% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -7.8 )
AXAS' s 10-Year ROA (%) Range
Min: -65.3   Max: 44.9
Current: -7.8
-65.3
44.9
ROC (Joel Greenblatt) (%) -9.10
AXAS's ROC (Joel Greenblatt) (%) is ranked lower than
76% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -9.10 )
AXAS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -42.9   Max: 22
Current: -9.1
-42.9
22
Revenue Growth (%) -5.7
AXAS's Revenue Growth (%) is ranked lower than
80% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -5.7 )
AXAS' s 10-Year Revenue Growth (%) Range
Min: -47.6   Max: 15.1
Current: -5.7
-47.6
15.1
EBITDA Growth (%) -32.1
AXAS's EBITDA Growth (%) is ranked lower than
96% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -32.1 )
AXAS' s 10-Year EBITDA Growth (%) Range
Min: -32.1   Max: 6.8
Current: -32.1
-32.1
6.8
EPS Growth (%) -12.4
AXAS's EPS Growth (%) is ranked lower than
82% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: -12.4 )
AXAS' s 10-Year EPS Growth (%) Range
Min: -64   Max: 56.3
Current: -12.4
-64
56.3
ยป AXAS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2011

AXAS Guru Trades in Q2 2011

George Soros Sold Out
Steven Cohen Sold Out
Daniel Loeb 1,600,351 sh (-66.67%)
» More
Q3 2011

AXAS Guru Trades in Q3 2011

Daniel Loeb 1,600,351 sh (unchged)
» More
Q4 2011

AXAS Guru Trades in Q4 2011

Daniel Loeb 1,600,351 sh (unchged)
» More
Q1 2012

AXAS Guru Trades in Q1 2012

Daniel Loeb Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with AXAS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Daniel Loeb 2012-03-31 Sold Out 0.21%$3.08 - $4.34 $ 2.45-27%0
Daniel Loeb 2011-06-30 Reduce -66.67%0.78%$3.04 - $5.72 $ 2.45-42%1600351
George Soros 2011-06-30 Sold Out $3.04 - $5.72 $ 2.45-42%0
George Soros 2011-03-31 New Buy$4.22 - $5.97 $ 2.45-50%10600
George Soros 2010-12-31 Sold Out $2.79 - $4.38 $ 2.45-33%0
George Soros 2010-09-30 Reduce -29.53%$2.37 - $3 $ 2.45-10%24100
George Soros 2010-06-30 New Buy$2.02 - $3.09 $ 2.45-5%34200
Daniel Loeb 2010-03-31 Add 25.35%0.12%$1.83 - $2.49 $ 2.4519%4801054
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/B 4.80
AXAS's P/B is ranked lower than
92% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.10 vs. AXAS: 4.80 )
AXAS' s 10-Year P/B Range
Min: 0.9   Max: 14.11
Current: 4.8
0.9
14.11
P/S 3.00
AXAS's P/S is ranked higher than
54% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.40 vs. AXAS: 3.00 )
AXAS' s 10-Year P/S Range
Min: 0.27   Max: 8.91
Current: 3
0.27
8.91
EV-to-EBIT 47.6
AXAS's EV-to-EBIT is ranked lower than
89% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 5.96 vs. AXAS: 47.6 )
AXAS' s 10-Year EV-to-EBIT Range
Min: 2.2   Max: 1791.9
Current: 47.6
2.2
1791.9
Shiller P/E 166.5
AXAS's Shiller P/E is ranked lower than
95% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. AXAS: 166.5 )
AXAS' s 10-Year Shiller P/E Range
Min: 1.38   Max: 508
Current: 166.5
1.38
508

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 17.6
AXAS's Price/Net Current Asset Value is ranked lower than
59% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 11.80 vs. AXAS: 17.6 )
AXAS' s 10-Year Price/Net Current Asset Value Range
Min: 15.6   Max: 103
Current: 17.6
15.6
103
Price/Tangible Book 4.9
AXAS's Price/Tangible Book is ranked lower than
91% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 1.10 vs. AXAS: 4.9 )
AXAS' s 10-Year Price/Tangible Book Range
Min: 3.3   Max: 7.2
Current: 4.9
3.3
7.2
Price/Median PS Value 1.2
AXAS's Price/Median PS Value is ranked lower than
79% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.70 vs. AXAS: 1.2 )
AXAS' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 2.2
Current: 1.2
0.1
2.2
Earnings Yield (Greenblatt) 2.10
AXAS's Earnings Yield (Greenblatt) is ranked lower than
52% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 2.30 vs. AXAS: 2.10 )
AXAS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 45.2
Current: 2.1
0.1
45.2
Forward Rate of Return (Yacktman) -19.86
AXAS's Forward Rate of Return (Yacktman) is ranked lower than
73% of the 425 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -1.04 vs. AXAS: -19.86 )
AXAS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -860.2   Max: -0.4
Current: -19.86
-860.2
-0.4

Business Description

Abraxas Petroleum Corporation is a Nevada Corporation. The Company is an independent energy company primarily engaged in the acquisition, exploitation, development and production of oil and gas in the United States and Canada. Currently its estimated net proved reserves are approximately 29.0 MMBoe, (including reserves attributable to its 34.7% equity interest in the proved reserves of Blue Eagle). The Company's oil and gas assets are located in four operating regions in the United States, the Rocky Mountain, Mid-Continent, Permian Basin and onshore Gulf Coast, and in the province of Alberta, Canada. The Company's oil and gas assets are located in four operating regions in the United States, the Rocky Mountain, Mid-Continent, Permian Basin and onshore Gulf Coast, and in the province of Alberta, Canada. The Company's properties in the Mid-Continent region are primarily located in the Arkoma Basin and principally produce gas from the Hartshorne coals at 3,000 feet. The Company's properties in the Permian Basin region are primarily located in two sub-basins, the Delaware Basin and the Eastern Shelf. In the Delaware Basin, its wells are located in Pecos, Reeves, and Ward Counties, Texas and produce oil and gas from multiple stacked formations from the Bell Canyon at 5,000 feet down to the Ellenburger at 16,000 feet. In the Eastern Shelf, its wells are principally located in Coke, Scurry, Midland, Mitchell and Nolan Counties, Texas and produce oil and gas from the Strawn Reef formation at 5,000 to 7,500 feet and oil from the shallower Clearfork formation at depths ranging from 2,300 to 3,300 feet. The Company's properties in the onshore Gulf Coast region are located along the Edwards trend in DeWitt and Lavaca Counties, Texas and in the Portilla field in San Patricio County, Texas. In the Edwards trend, its wells produce gas from the Edwards formation at a depth of 14,000 feet and in the Portilla field, its wells produce oil and gas from the Frio sands and the deeper Vicksburg from depths of approximately 7,000 to 9,000 feet. In addition, it also owns a 34.7% equity interest in a joint venture targeting the Eagle Ford in South Texas. The Company's properties in the province of Alberta, Canada are located in the Pekisko fairway and the Nordegg/Tomahawk area of Central Alberta in addition to an emerging shale play in central Alberta. The exploration, production and transportation of all types of hydrocarbons are subject to significant governmental regulations.
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
Traded in other countries:AXO.Germany
ยป More Articles for AXAS

Headlines

Articles On GuruFocus.com
Weekly CFO Sells Highlight: AXAS, MDW, MAPP, CATM, OVRL Sep 24 2011 
Weekly CFO Sales Highlight: INTU, AXAS, DG, ALOT Sep 18 2011 
Abraxas Petroleum Corp. Reports Operating Results (10-K) Mar 16 2011 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) Nov 15 2010 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) Aug 16 2010 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) May 17 2010 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) Nov 09 2009 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) Aug 10 2009 
Abraxas Petroleum Corp. Reports Operating Results (10-Q) May 14 2009 

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